Karachi: Bolan Castings Limited announced its decision to resume production activities on September 18, 2024, following a brief suspension that began last month. The company had previously communicated this pause in operations to shareholders and regulatory bodies, adhering to compliance requirements under the Securities Act, 2015.

The company's management declared the suspension on August 23, 2024, citing reasons that were not disclosed at the time. According to information available from the Pakistan Stock Exchange (PSX), this halt in production was in line with the provisions of clause 5.6.1(a) of the Rule Book of Pakistan Stock Exchange Limited, as well as Sections 96 and 131 of the Securities Act.

The decision to restart operations was conveyed to the TRE Certificate holders of the Exchange, ensuring transparency and compliance with regulatory standards. This move is expected to normalize operations and address any disruptions caused by the temporary closure. Bolan Castings Limited has not disclosed further details on the reasons behind the initial suspension or the measures taken to resume production.